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Petroleum Levy: The Real Burden Behind Pakistan’s Petrol Price Hike.
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Petroleum Levy: The Real Burden Behind Pakistan’s Petrol Price Hike.

Pakistan’s economy has been under immense pressure from rising inflation, dwindling foreign reserves, and persistent trade imbalances, while households grapple with limited purchasing power. Against this backdrop, the government has increasingly relied on petroleum levy as a major revenue source rather than cutting unnecessary expenditures or reforming inefficient public spending. Currently, Pakistan collects around rupees 84 per litre...

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